{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

prob.part11.23_24

# prob.part11.23_24 - 1.1 SIMULATION OF DISCRETE...

This preview shows pages 1–2. Sign up to view the full content.

1.1. SIMULATION OF DISCRETE PROBABILITIES 15 At the end of a year, which hospital will have the greater number of days on which more than 60 percent of the babies born were boys? (a) the large hospital (b) the small hospital (c) neither—the number of days will be about the same. Assume that the probability that a baby is a boy is .5 (actual estimates make this more like .513). Decide, by simulation, what the right answer is to the question. Can you suggest why so many people go wrong? 14 You are o ff ered the following game. A fair coin will be tossed until the first time it comes up heads. If this occurs on the j th toss you are paid 2 j dollars. You are sure to win at least 2 dollars so you should be willing to pay to play this game—but how much? Few people would pay as much as 10 dollars to play this game. See if you can decide, by simulation, a reasonable amount that you would be willing to pay, per game, if you will be allowed to make a large number of plays of the game. Does the amount that you would be

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

### Page1 / 2

prob.part11.23_24 - 1.1 SIMULATION OF DISCRETE...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online